Apple shares rose more than 1% on Monday, pushing the company's market capitalization to approximately $4.56 trillion and allowing it to surpass Google in market value.
The gain lifted Apple to the position of the world's second-most valuable publicly traded company, trailing only Nvidia, which continues to benefit from strong investor enthusiasm surrounding artificial intelligence.
The latest move underscores renewed investor confidence in Apple as the company advances its AI strategy and expands its ecosystem of devices and services. Apple and Google have frequently traded places among the world's largest companies by market capitalization, reflecting shifts in market sentiment and growth expectations.
With a market value of about $4.56 trillion, Apple remains one of the most influential companies in global equity markets and a key component of major U.S. stock indexes.
